Director Emily Fine (NYSE: LION) receives 5,252-share equity award

Rhea-AI Filing Summary

FINE EMILY reported acquisition or exercise transactions in this Form 4 filing.

Lionsgate Studios Corp. director Emily Fine received an equity grant of 5,252 Common Shares on April 1, 2026. The shares were awarded as director fees valued at $9.52 per share, reflecting compensation rather than an open-market purchase.

Following this award, Fine directly holds 136,788 Common Shares. Footnotes explain the grant relates to restricted share units that are payable in an equal number of Common Shares and are scheduled to vest in a remaining annual installment on November 28, 2026.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider FINE EMILY

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	5,252	$9.52	$50K
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 136,788 shares (Direct)

Footnotes (1)

1. Director fees granted in Common Shares of the Issuer. These are restricted share units granted by the Issuer, payable upon vesting in an equal number of Common Shares, which are scheduled to vest in one remaining annual installment on November 28, 2026.

Key Figures

Equity grant size: 5,252 Common Shares Grant valuation price: $9.52 per share Total direct holdings after grant: 136,788 Common Shares +2 more

5 metrics

Equity grant size 5,252 Common Shares Director fee award on April 1, 2026

Grant valuation price $9.52 per share Value used for the 5,252-share award

Total direct holdings after grant 136,788 Common Shares Shares directly held by Emily Fine following the transaction

Additional holding entry 20,107 Common Shares Direct holding line reported as of the same date

RSU vesting date November 28, 2026 Remaining annual installment for restricted share units

Key Terms

restricted share units, director fees, Common Shares, vest

4 terms

restricted share units financial

"These are restricted share units granted by the Issuer, payable upon vesting..."

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

director fees financial

"Director fees granted in Common Shares of the Issuer."

Common Shares financial

"Director fees granted in Common Shares of the Issuer."

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

vest financial

"which are scheduled to vest in one remaining annual installment on November 28, 2026."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FINE EMILY

(Last) (First) (Middle)

40 WEST 57TH STREET

FLOOR 24

(Street)

NEW YORK NEW YORK 10019

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Lionsgate Studios Corp. [ LION ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	04/01/2026		A		5,252(1)	A	$9.52	136,788	D
Common Shares								20,107(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Director fees granted in Common Shares of the Issuer.

2. These are restricted share units granted by the Issuer, payable upon vesting in an equal number of Common Shares, which are scheduled to vest in one remaining annual installment on November 28, 2026.

	/s/ Emily Fine	04/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Lionsgate Studios (LION) report for Emily Fine?

Lionsgate Studios reported that director Emily Fine received an equity grant of 5,252 Common Shares as director fees. The award is compensation, not an open-market purchase, and increases her direct holdings in the company’s stock.

How many Lionsgate Studios (LION) shares did Emily Fine hold after the grant?

After the grant, Emily Fine directly held 136,788 Common Shares of Lionsgate Studios. This figure includes the new 5,252-share award and reflects her updated ownership position as reported in the Form 4 filing.

At what price was Emily Fine’s 5,252-share Lionsgate Studios (LION) award valued?

Emily Fine’s 5,252-share award was valued at $9.52 per Common Share. This price is used to measure the grant’s value for reporting and compensation purposes, rather than indicating an open-market purchase transaction.

What type of equity did Emily Fine receive from Lionsgate Studios (LION)?

Emily Fine received restricted share units that are payable in an equal number of Common Shares. These units represent equity-based director fees and convert into actual shares upon vesting according to the company’s disclosed schedule.

When do Emily Fine’s Lionsgate Studios (LION) restricted share units vest?

The restricted share units granted to Emily Fine are scheduled to vest in one remaining annual installment on November 28, 2026. Upon vesting, each restricted share unit will be settled in one Common Share of Lionsgate Studios.

Is Emily Fine’s Lionsgate Studios (LION) Form 4 transaction a buy or a compensation grant?

Emily Fine’s Form 4 transaction is a compensation grant, not a market buy. The 5,252 Common Shares were awarded as director fees and reported as a grant or award acquisition rather than an open-market purchase of stock.